It might really come to a deal, with the UAE helping to spice up negotiations, and even short positions have some meat to eat! 6.13 Bitcoin Auntie's Strategy

During the conflict between the US, Israel, and Iran, after Iran's continuous attacks on the UAE for several weeks, the UAE agreed to unfreeze billions of dollars for Iran. The UAE has agreed to release a total of $10 billion, with over $3 billion already delivered. This move provides a way to help resolve the US-Iran conflict while preventing either side from crossing their red lines: Iran can claim to have secured compensation for war damages, and Washington can insist that it has not paid any funds. In exchange, Iran will stop launching missile and drone attacks on the UAE, and both sides will rebuild bilateral relations, including intelligence sharing and economic cooperation. Sources added that Iran has contacted at least two other Gulf Arab countries about similar arrangements. Subsequently, Iran claimed that a memorandum of understanding might be signed in the coming days. The cryptocurrency prices are consolidating at high levels, but the short idea given yesterday still has meat to eat! Keep up and watch for moving stop-loss to lock in profits!

On Friday, the price fluctuations were not large; although Bitcoin broke through recent highs, Ethereum has not yet touched them, and the trend remains relatively weak. The public statements from the US and Iran that an agreement is imminent did not push prices higher, possibly related to SpaceX's listing attracting funds, plus the agreement has not been finalized. So, temporarily, do not overly bullish; wait for specific positive news to land! Focus on developments between the US and Iran over the weekend!

6.13 Short Position Strategy

Bitcoin rebound to 64,000-64,500, short one position, stop around 65,000, target near 63,000-62,000, break below to 61,500-61,000, continue moving stop-loss to lock in profits based on situation!

Ethereum rebound to 1,700-1,730, short one position, stop around 1,750, target near 1,650-1,630, break below to 1,600-1,570, continue moving stop-loss to lock in profits based on situation!

6.13 Long Position Strategy:

Bitcoin pullback near 61,000, long one position, stop around 60k, target near 62,000-62,500-63,000, break above to 63,500-64,000-64,500, continue moving stop-loss to lock in profits based on situation!

Ethereum pullback to 1,570-1,600, long one position, stop around 1,540, target near 1,630-1,660, break above to 1,700-1,730, continue moving stop-loss to lock in profits based on situation!

The UAE has stepped in, and other Gulf countries may also step in to support later. So, for now, don’t be overly bearish; after all, both sides have the intention to end the conflict, but neither wants to lose face or can afford to continue. Just wait for positive news to land and plan medium- to long-term longs! #Marvell大涨超11%领涨芯片板块